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Given the following information: Percent of capital structure 15% 65 20 Preferred stock Common equity Debt Additional information Corporate tax rate Dividend, preferred Dividend, expected
Given the following information: Percent of capital structure 15% 65 20 Preferred stock Common equity Debt Additional information Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 30% $4.00 $4.50 $ 100.00 5% 4% $4.20 $ 72.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Weighted Cost Debt Preferred stock Common equity Weighted average cost of capital
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